Categories AlphaGraphs, Consumer, Earnings
A visual representation of Philip Morris International (PM) Q1 2020 earnings results
Philip Morris International Inc. (NYSE: PM) reported its financial results for the quarter ended March 31, 2020 today.
Philip Morris reported a 35% jump in earnings for the first quarter of 2020 due to higher revenue. Total IQOS users at quarter-end estimated at about 14.6 million, of which about 10.6 million have stopped smoking and switched to IQOS. The company expects that the pandemic will have adverse impacts on its full-year 2020 business results.
Given the inherent uncertainty surrounding the COVID-19 pandemic and the related impact on PMI’s business globally, the company is currently unable to forecast its full-year financial results with reasonable accuracy. Therefore, the company is withdrawing its earnings guidance for fiscal 2020. The company sees second-quarter EPS in the range of $1.00-1.10, including the unfavorable currency impact.
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Key highlights from Johnson & Johnson’s (JNJ) Q2 2025 earnings results
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Hasbro (HAS) Earnings Preview: What to expect from the Q2 2025 report
Shares of Hasbro, Inc. (NASDAQ: HAS) stayed red on Tuesday. The stock has gained 43% over the past three months. The toy company is scheduled to report its earnings results
Citigroup (C) Q2 FY25 earnings rise on higher revenues, beat estimates
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